SILG.L vs. SSLN.L
Compare and contrast key facts about Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) and iShares Physical Silver ETC (SSLN.L).
SILG.L and SSLN.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SILG.L is a passively managed fund by Global X that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on May 6, 2022. SSLN.L is a passively managed fund by iShares that tracks the performance of the Silver. It was launched on Apr 8, 2011. Both SILG.L and SSLN.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SILG.L or SSLN.L.
Key characteristics
| SILG.L | SSLN.L | |
|---|---|---|
| YTD Return | 21.63% | 26.67% |
| 1Y Return | 43.31% | 29.27% |
| Sharpe Ratio | 0.82 | 1.09 |
| Sortino Ratio | 1.44 | 1.64 |
| Omega Ratio | 1.22 | 1.20 |
| Calmar Ratio | 1.35 | 0.70 |
| Martin Ratio | 3.11 | 3.80 |
| Ulcer Index | 13.92% | 8.05% |
| Daily Std Dev | 52.69% | 27.94% |
| Max Drawdown | -32.00% | -69.95% |
| Current Drawdown | -15.63% | -23.81% |
Correlation
The correlation between SILG.L and SSLN.L is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SILG.L vs. SSLN.L - Performance Comparison
In the year-to-date period, SILG.L achieves a 21.63% return, which is significantly lower than SSLN.L's 26.67% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SILG.L vs. SSLN.L - Expense Ratio Comparison
SILG.L has a 0.65% expense ratio, which is higher than SSLN.L's 0.20% expense ratio.
Risk-Adjusted Performance
SILG.L vs. SSLN.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) and iShares Physical Silver ETC (SSLN.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
SILG.L vs. SSLN.L - Dividend Comparison
Neither SILG.L nor SSLN.L has paid dividends to shareholders.
Drawdowns
SILG.L vs. SSLN.L - Drawdown Comparison
The maximum SILG.L drawdown since its inception was -32.00%, smaller than the maximum SSLN.L drawdown of -69.95%. Use the drawdown chart below to compare losses from any high point for SILG.L and SSLN.L. For additional features, visit the drawdowns tool.
Volatility
SILG.L vs. SSLN.L - Volatility Comparison
Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) has a higher volatility of 13.98% compared to iShares Physical Silver ETC (SSLN.L) at 9.98%. This indicates that SILG.L's price experiences larger fluctuations and is considered to be riskier than SSLN.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.